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Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
Tuesday, Nov. 11, 2025, 05:28 PM
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here

Experian Q2 data could illuminate ongoing movements involving affordability & risk

Thursday, Sep. 5, 2024, 10:30 AM
SubPrime Auto Finance News Staff
Is vehicle affordability improving for consumers? Or are finance companies not taking on as much risk? To help you decide, consider these metrics from Experian’s State of the Automotive Finance Market Report: Q2 2024 released on Thursday. Experian determined the ... [Read More]

3 questions about bankruptcy & repossessions with Weltman, Weinberg & Reis

bankruptcy 2
Wednesday, Sep. 4, 2024, 01:59 PM
SubPrime Auto Finance News Staff
Shareholder Milos Gvozdenovic and attorney Garry Masterson of Weltman, Weinberg & Reis Co. recently addressed some of the most common questions finance companies have about bankruptcy and vehicle repossession. Gvozdenovic and Masterson began by touching on the question that might ... [Read More]

Auto refinancing companies optimistic about future growth

S&P Global Ratings
Wednesday, Sep. 4, 2024, 11:13 AM
SubPrime Auto Finance News Staff
A pair of firms that specialize in auto refinancing — iLending and Way.com — are optimistic about their prospects, especially if the Federal Reserve starts to lower interest rates this month. iLending president Nick Goraczkowski described what it’s been like ... [Read More]

Top 10 vehicles that end up being totaled following crashes

Wednesday, Sep. 4, 2024, 11:13 AM
SubPrime Auto Finance News Staff
A metric that finance companies often watch is the number of vehicles in their portfolio that become a total loss when involved in a crash. Levine and Wiss — a personal injury attorney law firm in New York — recently ... [Read More]

Rhode Island AG continues active pursuit of dealerships with $1M settlement

Tuesday, Sep. 3, 2024, 10:19 AM
SubPrime Auto Finance News Staff
Six more dealerships reached an agreement with the Rhode Island attorney general to settle allegations of deceptive sales practices in the finance office. The settlement announced in August has the dealerships paying more than $1 million in refunds and penalties. ... [Read More]

AFSA asks NH officials to delay major changes to auto financing processes

Friday, Aug. 30, 2024, 10:37 AM
SubPrime Auto Finance News Staff
This week, the American Financial Services Association followed up on its letter to New Hampshire Banking Commission with a petition to state officials asking for a delay of major restructuring of documents associated with the financing and retailing of vehicles ... [Read More]

Longtime Bank of America exec joins Millennium as COO

Wednesday, Aug. 28, 2024, 03:06 PM
SubPrime Auto Finance News Staff
Millennium Capital and Recovery Corp. named its new chief operating officer on Wednesday, selecting former Bank of America senior vice president Don Gordon for the role. The provider of nationwide asset recovery management, skip-tracing and remarketing said Gordon will lead ... [Read More]

Consumer advocates urge CFPB to keep digging with Auto Finance Data Pilot

CFPB seeking more data about repossessions & contract modifications
Wednesday, Aug. 28, 2024, 11:18 AM
SubPrime Auto Finance News Staff
In June, the Consumer Financial Protection Bureau shared seven initial findings from its Auto Finance Data Pilot, deployed in February 2023. A trio of consumer advocates believe the CFPB’s work on this project is far from complete. Those organizations recently ... [Read More]

Near- and Non-Prime Consumer Update reiterates ongoing affordability challenges

Wednesday, Aug. 28, 2024, 11:16 AM
SubPrime Auto Finance News Staff
Open Lending Corp. shared more research on Tuesday reinforcing the affordability dilemma many consumers are facing when securing reliable transportation, especially individuals who fall in the near- and non-prime credit tiers. Using AutoCreditInsight data, Open Lending compiled another Near- and ... [Read More]

S&P Global Ratings sees history repeating itself within subprime ABS

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Tuesday, Aug. 27, 2024, 10:29 AM
SubPrime Auto Finance News Staff
Share a conversation with an executive who has been in subprime auto finance for a decade or two and likely the professional will say, “Yes, I’ve seen that before,” at some point during the exchange. The latest research of managed ... [Read More]
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